Thanks to all of you for voting in our #poll last week about the solutions you use to pay for indirect spend. The winner - corporate #virtualcards - is completely on trend! By 2026, the value of virtual card spending will hit a huge $6.8 trillion, up from $1.9 trillion in 2021. And within the virtual card market, #corporate payments are forecasted to represent 71% of transaction value in the same period. Virtual cards are known and commonly used for their: 🎯 #convenience 🛒 #instant deployment 🔒 #security features Get in touch if you want to know more about how virtual cards could pay off for your indirect spend too: 🌐 airplus.com/contact
The #corporate payment landscape is evolving rapidly, with a blend of #traditional and #digital methods. We would like to have your input on this with a #poll: Which of the following solutions do you predominantly use to pay for indirect spend? By "indirect spend", the following is meant: #Payment of non-strategic suppliers for #expenses for ongoing business #operations including #services for specialist departments, such as marketing, IT and telecommunications, logistics or facility management. Select your answer below or — if your payment method is not in the list — let us know in the comments!
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